Tuesday, January 2, 2018

Colorado Springs Utilities announces new CFO

Posted By on Tue, Jan 2, 2018 at 1:05 PM

Tuesday, Jan. 2, Colorado Springs Utilities announced a replacement for the recently departed Chief Financial Officer Bill Cherrier.

The news comes as the Independent went to press with a story about the top brass at Utilities, which you'll want to check when we publish tomorrow, Wednesday, Jan. 3, at csindy.com.

Here's the news release:
Today Colorado Springs Utilities CEO Jerry Forte Jr. announced the new Chief Financial Officer: Tamela Monroe. Her first day with Springs Utilities is Monday, Jan. 29, 2018.
click to enlarge Tamela Monroe comes here from Omaha Public Power District. - COURTESY COLORADO SPRINGS UTILITIES
  • Courtesy Colorado Springs Utilities
  • Tamela Monroe comes here from Omaha Public Power District.
“I am thrilled to have Tamela join our organization,” Forte said. “She is a seasoned business development professional. Her skills in strategic and financial planning, budgeting and finance operations will help take the Planning and Finance Division to new heights. What I’m most looking forward to is her experience in closing aging coal plants, working with RTOs (Regional Transmission Organizations) and working in economic development.”

Monroe has more than 30 years of utilities experience. She’s currently the Senior Director of Business Analysis and Pricing at Omaha Public Power District. She brings with her a wealth of understanding of financial dynamics and strategic issues facing the utilities industry.

She’s a leader in developing effective and creative solutions to meet those challenges, including direct experience with RTOs, economic development, rate development and procurement.

“I am very excited to be a part of the Colorado Springs Utilities team and look forward to joining the organization with a focus on providing safe, reliable and competitively-priced utility services,” Monroe said. “All of us in the utilities industry understand the rapidly-changing issues that all utilities face. Colorado Springs Utilities is in excellent financial condition and is well positioned to meet those challenges.”

Monroe has a Master of Business Administration degree from Creighton University and a Bachelor of Science degree in Finance and Accounting from Northwest Missouri State University. Her husband is a retired sixth grade teacher and they have two grown sons. She enjoys volunteer service benefitting youth organizations.

“I was impressed by Colorado Springs Utilities’ commitment to customer service and the employees' enthusiasm in servicing the community,” Monroe concluded.

The position of CFO has been vacant since Sept. 20, 2017, when Bill Cherrier left to become the CEO of Central Iowa Power Cooperative.

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